Menu
Cash withdrawal in transporter line for 1crore
I have managed a transporter company . I have cash withdrawal above 1 core .plz help me
Replies (1)
Section 194N is applicable in your case and tds at the rate of 2% would've been deducted on sum withdrawn in excess of 1 crores, by the bank. the same can be claimed at the time of filing ITR
Recent Threads
- Negative Export Value in GSTR 3B
- Income tax intimation -AY 24-25
- Tax Implications of Alumni Union (R) under Society
- Heard & Seen Around – Your Daily Economi
- Purchase and sales of Shares entry in Tally
- Where to know latest GST HSN Codes and their Rates
- Hsn code and rate cnsl crude oil
- Clarification required on taxation of income from
- Pension Income up to Rs.1,66,250 per month equal t
- Reappointment of Managing Director in a private li
Related Threads
CAclubindia
